News · Vietstock

China's gold demand shifts from jewelry to investment gold

According to the China Gold Association, jewelry gold consumption fell 33.86% to 178.612 tonnes in the first nine months of 2026, while bar and coin demand rose 26.26% to 444.576 tonnes. Total gold consumption for the period reached 684.623 tonnes, up 0.28% year on year, reflecting a shift in Chinese consumers' view of gold as an investment and store of value. Domestic gold output fell 18.71% to 220.935 tonnes, partly due to maintenance pauses at some key projects, while overseas mining by major gold groups rose 15.77% to 71.126 tonnes. Gold held by China's gold ETFs increased by 56.114 tonnes over the nine months, down 28.98% from a year earlier, bringing total holdings to 303.965 tonnes at the end of September 2026.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Trung Quốc ghi nhận xu hướng chuyển dịch từ vàng trang sức sang vàng đầu tư

Read the original on Vietstock ↗

Keywords

goldChinaETFgold demand

Open a keyword to see other news on the same topic.

Related tickers and likely impact

PAXG/USDT

▲ Likely positive

PAX Gold

Relevance: low

MarketCrypto
ExchangeBinance
SectorReal-world assets
Market cap$1.7B
Close on 11/04/20264,061.47
Change that session+2.92%
PAXG/USDT price, forecasts and signals →

XAUT/USDT

▲ Likely positive

Tether Gold

Relevance: low

MarketCrypto
ExchangeBinance
SectorReal-world assets
Market cap$3.1B
Close on 11/04/20264,050.62
Change that session+2.95%
XAUT/USDT price, forecasts and signals →

XAU/USD

▲ Likely positive

Relevance: low

MarketGold
Close on 11/04/20264,060.57
Change that session+3.32%
XAU/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Central Banks buy 321 tonnes of Gold in Q3 , lifting 2026 demand to 675 tonnes : World Gold Council

    Central banks bought 321 tonnes of gold in Q3 2026, above recent typical quarterly levels, lifting their year-to-date purchases to 675 tonnes, up 6% year-on-year, according to the World Gold Council (WGC). Overall gold demand fell 1% year-on-year to 1,369 tonnes in Q3, as high prices weighed on jewellery (down 17% to 313 tonnes) and bars and coins (down 19% to 268 tonnes). Gold ETFs reversed Q2 outflows with 211 tonnes of inflows, which the WGC linked to concerns over fiscal sustainability and inflation. On the supply side, mine production rose 3% to a Q3 record of 1,071 tonnes, while recycling fell 8% to 314 tonnes, its lowest level in three years. The WGC expects central bank buying to at least match 2025 levels.

    bangladeshsun.com·▲ XAU/USD▲ PAXG/USDT▲ XAUT/USDTgoldcentral bankgold demand
  • Central Banks buy 321 tonnes of Gold in Q3 , lifting 2026 demand to 675 tonnes : World Gold Council

    Central banks bought 321 tonnes of gold in the third quarter of 2026, well above recent typical quarterly levels, bringing their year-to-date purchases to 675 tonnes, up 6% year-on-year, according to the World Gold Council (WGC). The WGC expects central bank buying to at least match 2025 levels. Total gold demand, including OTC investment, fell 1% to 1,369 tonnes in Q3, though year-to-date demand of 3,881 tonnes nearly matched the 2025 record of 3,884 tonnes, and reached a record USD 566 billion in value. Gold ETFs added 211 tonnes after outflows in Q2, while bar and coin demand fell 19% to 268 tonnes and jewellery demand dropped 17% to 313 tonnes, the weakest third-quarter level in the WGC's data series. Mine output rose 3% to a third-quarter record of 1,071 tonnes, but recycling fell 8% to 314 tonnes, its lowest in three years.

    africaleader.com·▲ XAU/USD▲ PAXG/USDT▲ XAUT/USDTgoldcentral bankgold demand
  • Central Banks buy 321 tonnes of Gold in Q3 , lifting 2026 demand to 675 tonnes : World Gold Council

    According to the World Gold Council, central banks bought 321 tonnes of gold in Q3 2026, lifting their year-to-date purchases to 675 tonnes, up 6% year on year, and the WGC expects their buying to at least match 2025 levels. Gold ETFs added 211 tonnes after outflows in Q2, while bar and coin demand fell 19% to 268 tonnes and jewellery demand fell 17% to 313 tonnes amid high prices. Total Q3 gold demand fell 1% to 1,369 tonnes, but year-to-date value reached a record USD 566 billion. Mine production rose 3% to 1,071 tonnes, a third-quarter record, while recycling fell 8% to 314 tonnes, its lowest in three years.

    texasguardian.com·▲ XAU/USD▲ PAXG/USDT▲ XAUT/USDTgoldcentral bankgold demand
  • China steps up gold buying as jewellery demand fades

    China's central bank bought 23 tonnes of gold in September, its largest monthly purchase in almost three years, lifting third-quarter buying to 63 tonnes, the strongest quarter since 2023, according to the World Gold Council. Its official gold holdings reached 2,410 tonnes, or 8.5% of total reserves, marking the 23rd consecutive month of reported purchases. Chinese gold ETFs added 11 tonnes in September, their third straight monthly increase, and gained 27 tonnes in the quarter as weak domestic equities and falling bond yields encouraged diversification. Wholesale demand remained weak, with exchange withdrawals of 234 tonnes in the quarter down 21% from a year earlier and well below the 10-year quarterly average of 418 tonnes, which the council blamed on persistently weak jewellery consumption. The council expects bullion investment to stay supported, though affordability and low consumer confidence may keep jewellery volumes constrained in the fourth quarter.

    northernminer.com·▲ PAXG/USDT▲ XAUT/USDT▲ XAU/USDgoldChinacentral bank
  • Why Direxion Daily Semiconductor Bull 3X ETF Crashed Today

    The Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) fell about 7.36% on the day and more than 26% this week, as investors worried about ChangXin Memory Technologies (CXMT), a Chinese DRAM maker that recently went public, after it reported progress in “4F square” technology to boost DRAM storage density. Micron fell 13.5% and Sandisk fell 18% this week on fears CXMT could take market share from Western memory makers. Because Micron is SOXL's largest holding at 8.6% and the ETF owns no Sandisk, Micron's smaller decline drove SOXL's drop. The article notes this also means SOXL's gains will be smaller when it rebounds, due to its 3x leverage.

    Yahoo Finance·▼ NVDAETFsemiconductorsMicron
  • Gold extends rally above $4,100 as dollar, Treasury yields fall after U.S. vote

    Gold held above $4,100 an ounce on Thursday after a Democratic sweep of the U.S. midterm elections pushed the dollar and Treasury yields lower, while Trump downplayed the prospect of renewed strikes on Iran. Spot gold rose 1.8% to $4,132.36 an ounce, silver gained 2.1% to $53.3400, and the U.S. Dollar Index fell 0.3% to 101.31. ANZ analysts said U.S. bonds benefited from expectations that the new political balance would constrain Trump's proposed tax cuts and spending plans, but warned that weaker government borrowing could erode a key support for gold. Oil stayed sharply lower after Brent fell below $100 a barrel on Wednesday. Gold is still more than 20% below its levels before the U.S.-Iran war broke out in late February, and investors are now watching Friday's U.S. nonfarm payrolls report.

    Yahoo Finance·▲ XAU/USD▼ DXY▲ PAXG/USDT▲ XAUT/USDTgoldUS dollarbonds

Related markets

Crypto →Gold →

Latest news

  • Dow Jones Futures Rise, Techs Fall; Apple, Microsoft, Amazon Flash Buy Signals In Postelection Rally

    According to the article, elections and plunging oil prices sparked a stock market surge. Stocks from many sectors flashed buy signals, while one area was flagged as one to avoid, without being named in the excerpt.

    Yahoo Finance·▲ AAPL▲ AMZN▲ MSFT▲ QQQDow Jonestech stocksoil prices
  • ACB Fund Management Company Limited ("ACBC") announces public offering of ACBC-BOND fund certificates

    ACBC is offering to the public (IPO) certificates of the ACBC Bond Fund (ACBC-BOND), an open-ended fund, from 06/11/2026 to 15/01/2027. The offering may close early if total subscriptions reach at least 50 billion VND and at least 100 investors, excluding professional securities investors, subscribe; each investor's subscription period must be at least 20 days. Fund certificates have a par value and offer price of 10,000 VND each, with no cap on the number offered, a minimum offering of 5,000,000 certificates, and a minimum subscription of 100 certificates (equivalent to 1 million VND). Distributors are ACB Fund Management, ACB Securities and Fincorp, and any early closing will be announced at least 3 working days in advance on the company's website.

    CafeF·investment trustsbondsIPO
  • Meta President on Data Center Politics

    In an interview with WSJ editor-in-chief Emma Tucker, Dina Powell McCormick of Meta said the industry has not done enough to explain the benefits of data center investments, and that Meta is going well beyond its original commitments. Meta has been building data centers for 20 years and operates in 23 states, with five of them hosting gigawatt-scale projects, including Texas. She said a newly elected governor who campaigned on data centers had asked to meet after the inauguration because the state did not want to lose the investment or the jobs. She added that the work has been hard, that models that work are becoming clear, and that states want those models, but local support is necessary.

    Yahoo Finance·• METAdata centersMETATexas
  • Has Alphabet (GOOGL) Fallen Far Enough To Back Its Cash Flow Value?

    Alphabet's share price has fallen after a difficult stretch marked by heavy AI spending, negative free cash flow and concern over AI capital expenditure following its Q3 2026 update, which wiped nearly $500b off market value in one day. The article uses a discounted cash flow (DCF) model based on about $66.6b of free cash flow over the last twelve months; the model projects negative free cash flow in 2027 before a recovery later in the decade as AI infrastructure spending settles into a more cash-generative phase. On that basis, the DCF puts intrinsic value substantially above the current share price of $288.93. The stock trades at a 15.1x P/E and has returned 121.2% over the past 3 years. The piece asks whether the recent decline has fully reset expectations for Alphabet's cash generation.

    Yahoo Finance·▲ GOOGLGOOGLvaluationAI investment
  • Quốc Cường Gia Lai to pay 2021 dividend in shares at 10% ratio

    Quốc Cường Gia Lai plans to issue more than 27.5 million shares to pay its 2021 dividend at a 10:1 rights ratio, with total par value of over 275 billion VND, funded from undistributed after-tax profits accumulated to December 31, 2025. If completed, charter capital would rise from over 2,751 billion VND to over 3,026 billion VND. In Q3 2026, net revenue fell 75.9% to nearly 26.8 billion VND and the company posted a net loss of nearly 7 billion VND, versus a profit of nearly 24.1 billion VND a year earlier, which it attributed to fewer apartment handovers and the transfer of hydropower plants. For the first nine months, after-tax profit reached over 174.7 billion VND, 5.1 times the prior-year level, even as net revenue dropped 69.6%. The company must repay 2,882.8 billion VND received under the Bac Phuoc Kien project contract under an appellate ruling; as of September 30, 2026, it had repaid 1,411.4 billion VND cumulatively, leaving 1,471.4 billion VND owed to Sunny Island Investment JSC.

    CafeF·dividendsreal estateearnings
  • India warns AI-powered hackers targeting crypto exchanges at ‘machine speed’

    India's national cybersecurity agency, CERT-In, warned that an AI-assisted threat actor has escalated attacks on crypto exchanges and other financial firms, stealing wallet keys and draining funds. In an update to its October campaign warning, it named the actor “CRAFTY FALCON,” explicitly listed crypto exchanges among affected businesses, and said attacks are ongoing, including against NBFCs and fintechs that had already remediated after earlier advisories. The attackers exploit vulnerable applications, exposed testing environments and shared credentials, and some strike on weekends and holidays to delay detection. CERT-In did not name any affected exchanges or quantify losses, and urged firms to step up monitoring around the clock. Separately, CrowdStrike reported in October that an unidentified attacker used AI tools, including Claude Code, to breach South Korean financial firms.

    Cointelegraph·• BTC/USDTcryptocybersecurityartificial intelligence

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.